Tesla’s (TSLA) stock faces pressure as reports show weak demand in India, with only 600 cars ordered since mid-July. The company is struggling to gain market share from rivals, leading to a 40% decline in European sales in July. Analysts caution against high expectations, citing global sales decline and reliance on China for batteries. BofA maintains a neutral rating with a $341 price target, suggesting limited upside. Consensus rating on TSLA shares is hold, with a mean target of $300 indicating possible 10% downside.

Read more at Yahoo Finance: Tesla Now Has an India Problem. What Does That Mean for Hard-Hit TSLA Stock?